ABS-CBN Corporation Sgt. Esguerra Avenue, Quezon City, Philippines

21 March 2017

Philippine Dealing and Exchange Corporation 37th Floor, Tower 1, The Enterprise Center 6766 Ayala Avenue corner Paseo de Roxas Makati City Attention: Ms. Vina Vanesssa S. Salonga Head – Issuer Compliance and Disclosure Department Subject: ABS-CBN Full Year 2016 Investor’s / Press Briefing Presentation

Materials --------------------------------------------------------------------

Dear Ms. Salonga, We are submitting ABS-CBN Corporation’s Full Year 2016 Investor’s / Press Briefing presentation materials. Thank you.

FY 2016 Investors’ BriefingFinancial and Operating Results

March 20, 2017

Business SegmentsMedia Networks & Studio Entertainment Cable, Satellite & Broadband

Digital & Interactive Media Consumer Products & Experiences

- Pay TV (Cable & Satellite)

- Broadband

- Online- Mobile- Over-the-Top

- Live events- Themepark- Home shopping- ABS-CBN store

- Entertainment- News- Global- Film & Music- DTT- Sports- Cable networks- Publishing

2016 HighlightsABS CBN delivers a PHP3.5B net income, a 39% YoY growth

Media Networksand Studio Entertainment

o Remains strong at net income of P4.2 billion, 18% YoY improvemento Net income margin expanding from 11% to 13%, 28% YoY improvemento ABS CBN leads in total national day ratings and audience share boosted by

strong Mega Manila ratingso Distributed 2.3 million DTT boxes (cumulative) by end of yearo Record-breaking box office performance of Super Parental Guardians at

P600 million

Cable, Satellite and Broadband

o Added 150,000 subscribers, a 17% YoY improvemento Broadband revenue grew by P811 million, a 49.2% YoY growtho Successful launch for DTH business with 112,000 subscribers in 7 months

Digital and Interactive Media

o 7 million registered users in ABS-CBN owned OTT platformso ABS-CBN.com is the #1 Philippine based website across all categories in the

Philippineso Digital advertising revenue grew by 26% YoY

Consumer Products and Experiences

o ASAP Live in New York City entertained close to 9,000 live audienceo Kidzania opened its facilities to 362,000 visitors for the year

Consolidated 2016 Financial Results

33,544

38,278 41,630

2014 2015 2016

Revenue

7,476 7,940

9,853

2014 2015 2016

EBITDA

2,030

2,545

3,525

2014 2015 2016

Net Income

+ 9%

Net income attributable to parent increased from P2.9B in 2015 to P3.9B in 2016

+ 14%

+ 6%

+ 24%

+ 25%

+ 39%

+ 4%

0%

0%

(In millions Php)

Consolidated 2016 Financial Results

6%7%

9%

2014 2015 2016

Net Income Margin

22%

20%

22%

2014 2015 2016

EBITDA Margin

8%

9%

11%

2014 2015 2016

ROE

+ 1%

+ 2%

0%

0%

- 2%

+ 2%

0%

+ 1%

+ 2%

Consolidated 2016 Quarterly Financial Results

9,795

11,195

10,176

10,464

1Q 2Q 3Q 4Q

Revenue

2,163

2,974

2,277 2,439

1Q 2Q 3Q 4Q

EBITDA

761

1,353

734 677

1Q 2Q 3Q 4Q

Net Income

+ 14%

- 9%

+ 3%

+ 37%

- 23%+ 7%

+ 78%

- 46%- 8%

(In millions Php)

27,828 32,200

35,668

5,715

6,078

5,961

2014 2015 2016

BY GEOGRAPHICAL LOCATION

Domestic International

18,880 21,265 23,650

14,664

17,013 17,980

2 0 1 4 2 0 1 5 2 0 1 6

BY REVENUE CATEGORY

Ad Sales Consumer

Consolidated 2016 Revenue

+ 9%

44%

44%

43%

56%56% 57%

83%84%

86%

17%

16%

14%

+ 9%+ 14% + 14%

+ 0% + 0%

Consolidated 2016 Quarterly Revenue

1% 1%

58%

57%51%

42%43% 49%

83%

84% 86%

17%16% 14%

5,582 6,935

5,803 5,330

4,213

4,260

4,014 5,493

Q1 Q2 Q3 Q4

BY REVENUE CATEGORY

Ad Sales Consumer

41%

57%

43%

62%

38%

59%

51%

49%

8,254 9,777

8,349 9,335

1,541

1,418

1,468

1,489

Q1 Q2 Q3 Q4

BY GEOGRAPHICAL LOCATION

Domestic International

85%

16%

84%

87%

13%

15%

86%

14%

+ 14%

- 12%+ 10% + 10%

- 12%

+ 14%

10,482 12,121 12,661

8,879

11,131 12,017

11,008

11,434 12,012

2014 2015 2016

GAEX Cost of Sales Production Cost

Consolidated 2016 Costs and Expenses

+ 6%

+ 5%

+ 8%

+ 4%

30,369

34,68636,690

+ 14%

+ 4%

+ 25%

+ 16%

- 3%

- 1%

+ 6%

0%

Consolidated 2016 and 2015 Quarterly Costs and Expenses

2,334 2,883 3,149 3,755

2,639 2,768

3,001 2,723

2,648

2,771 2,847

3,168

1Q 2Q 3Q 4Q

GAEX Cost of Sales Production Cost

2015 Quarterly

2,845 3,193 3,035 3,588

2,833 2,891 3,065

3,228

2,961 3,269 2,882

2,900

1Q 2Q 3Q 4Q

GAEX Cost of Sales Production Cost

2016 Quarterly

+ 13%+ 11% + 1%

0%

Consolidated 2016 Segment Report

Segment 2014 2015 2016 2014 2015 2016

Media Networks & Studio Entertainment 24,645 28,511 30,568 5,030 4,719 6,179 Margin 20% 17% 20%

Cable, Satellite & Broadband 7,764 8,083 8,761 404 186 219 Margin 5% 2% 2%

Digital & Interactive Media 653 712 781 (2,134) (1,155) (1,265)

Consumer Products & Experiences 482 971 1,520 (126) (157) (193)

Operating Income Operating Revenues

Free-to-AirAdvertising revenue growth at 15% YoY

Source: Kantar Media TV Ratings Measurement

Total Day National Audience Share for 2016

CHANNEL 2014 2015 2016

ABS-CBN 46.67 47.03 49.58 GMA 7 33.90 35.50 33.80

TV 5 9.20 7.40 6.50

Other FTA 3.80 3.90 4.10

Other Cable 6.60 6.50 6.50

17.019.4

22.4

2014 2015 2016

Advertising Revenue

+ 15%

Source: Kantar Media TV Audience Measurement – Total Homes, Total Philippines (Urban + Rural)Period covered excludes Holy Week

ABS-CBN

GMA

TV5

Channel 2 Audience ShareABS CBN Channel 2 leads across all time blocks

2014 2015 2016

NOONTIME BLOCK (12NN - 3PM)

41.5

34.8

9.7

36.842.4

6.5

43.7

34.6

5.7

2014 2015 2016

MORNING BLOCK (6AM - 12NN)

35.8 36.6

11.4

37.4 37.4

8.2

38.634.9

6.6

2014 2015 2016

AFTERNOON BLOCK (3PM - 6PM)

42.2

33.9

9.8

41.436.9

8.02

44.4

34.6

6.8

2014 2015 2016

PRIMETIME BLOCK (6PM - 11PM)49.3

32.1

7.8

49.5

31.0

7.1

48.5

32.5

6.6

ABS-CBN leads in total day national ratings with shows dominating Top 20 spots in 2016

Source: Kantar Media TV Audience Measurement – Indivs 13+, National

RANK CHANNEL PROGRAM RATINGS

1 ABS-CBN FPJ's Ang Probinsyano Mon-Fri 40.0

2 ABS-CBN The Voice Kids Sunday Sun 38.2

3 ABS-CBN The Voice Kids Saturday Sat 37.0

4 ABS-CBN Pangako Sa'yo Mon-Fri 34.3

5 ABS-CBN Dolce Amore Mon-Fri 33.8

6 ABS-CBN Pilipinas Got Talent Sunday Sun 32.0

7 ABS-CBN Pilipinas Got Talent Saturday Sat 31.9

8 ABS-CBN Dance Kids Saturday Sat 31.2

9 ABS-CBN Pinoy Boyband Superstar Sunday Sun 30.8

10-11 ABS-CBN Dance Kids Sunday Sun 30.7

10-11 ABS-CBN Wansapanataym Sun 30.7

12 ABS-CBN TV Patrol Weekday Mon-Fri 30.6

13 ABS-CBN MMK 25 Sat 29.9

14 ABS-CBN Pinoy Boyband Superstar Saturday Sat 29.1

15 ABS-CBN Home Sweetie Home Sat 24.9

16 ABS-CBN Magpahanggang Wakas Mon-Fri 24.4

17 ABS-CBN Goin' Bulilit Sun 23.3

18 GMA Encantadia Mon-Fri 23.2

19 ABS-CBN Rated K Handa Na Ba Kayo? Sun 21.3

20 GMA Alyas Robinhood Mon-Fri 21.0

TV Patrol & UKG: Most watched news programs

*TV Patrol ratings based on quarterly average

-

5.0

10.0

15.0

20.0

25.0

30.0

35.0

2 0 1 4 2 0 1 5 2 0 1 6

PRIMETIME NATIONAL RATINGS

TV Patrol 24 Oras

-

2.0

4.0

6.0

2 0 1 4 2 0 1 5 2 0 1 6

MORNING NATIONAL RATINGS

Umagang Kay Ganda Unang Hirit

Halalan & Ms. Universe: Most watched broadcast coverage

40.6%

Source: Kantar Media TV Ratings Measurement

Sports & Action: Most number of Sports Properties on Free-to-Air

Launched our high-definition cable channel on Sky Cable and Destiny Cable in 2016

International BusinessGenerated P5.9 B in revenues, 14% of total revenues

TFC Channels Program Syndication Territories

ASIA AFRICA OTHERS

Cambodia Kenya Mexico

Indonesia Nigeria Peru

Malaysia Seychelles Kazakhstan

Myanmar Tanzania

Thailand Uganda

Vietnam

Middle East

2.9

3.0

3.1

2014 2015 2016

TFC Viewership

5,651

9,318

7,777

2014 2015 2016

Revenue

64

102

150

2014 2015 2016

Program Syndication

- 17%

+ 47%+ 3%

Film & MusicStar Cinema sets new record for highest grossing Filipino film

21%

79%

Market Share

Star Cinema Others

Digital and non-digital concerts, Talent development and Icon building

1,304

1,258

1,316

2014 2015 2016

RevenueP600M

+ 5%

Digital Terrestrial Television

21%

• More than 2.3 million cumulative boxes sold to date

• Affordable TV Plus pricing by lowering SRP from P2,500 to

P1,999 and now P1,499

• DTT channels now available in iWantTV, Sky Cable and Sky Direct

Cable channel group

accounts for 23%audience share of total nationwide cable channels only viewing;

with over 356 active

cable operators nationwideSource: Kantar Media TV Audience Measurement – Total Cabled Homes, Total Philippines (Urban + Rural)

Date covered: Jan-Dec 2016 (Excluding Holyweek)

Cable Networks

Represented Channels

ABS-CBN Channels

601M 651M 542M

395M480M

375M

2 0 1 4 2 0 1 5 2 0 1 6

REVENUE

Airtime Consumer

- 18%

Cable, Satellite & Broadband

7.8B

8.1B

8.8B

2014 2015 2016

Revenue

Total revenues grew by

P644M driven by a

49% increase in broadband revenues

New all-in-one internet, cable TV and video-on-demand

subscription plans now available via One Sky

FY 2015 FY 2016

Sky Subscribers

Cable DTH Broadband

738

881K

1.03M

143

738

207

112

711

Our broadband subscriber base continues to expand, growing by 45% in 2016.DTH subscribers reached 112k by end of year.

+ 9%

+ 17%

iWant TV and TFC.tv has over

7M combined active subscribers to

date spending an average of 320 minutes per month

ABS-CBN.com is the #1 Philippine based website across all categories in the Philippines

ABS-CBN one domain has an average of 26.8M users with over 250M page views per month

ABS-CBN digital properties

generated Php447M revenue in

2016, 26% up vs. last year, driven

mainly by news and corporate website

ABS-CBN Mobile ended the year

with over 904,000 subscriber count

and over 7,500 activations

Digital and Interactive Media

2015 2016

904K

493K

ABS-CBN Mobile subscribers

35K 57K 54K

2014 2015 2016

IWant TV TFC.TV

4.6M

2.5M

6.4M+23%+39%

Activity PlatformNo. of

Subscribers

Watching6.4M

4.6M in 2015

Watching(Overseas)

53,646

56,761 in 2015

Watching 8,147

1,376 in 2015

Listening and watching

43,637

Reading86,304

Unique visitors

Movie communityComing soon

Our events bring the ABS experience closer

to our audiences with over P169Mrevenues generated worldwide

Generated P514M in total revenue in 2016 or

more than 130% growth from 2015. 362kattendance for the year. A total of 66 role playing establishments with 104 activities

New Attractions and Activities

Consumer Products and Experiences

FY 2015 FY 2016

Retail Revenue

32M

26M668M

824M

FY 2015 FY 2016

ACJO Revenue

• Continues to offer quality home TV shopping and online experience

• Generated P824M in

revenues, 23% higher than 2015.

Revenue is 23% higherthan 2015 due to introduction of new products and opening of new stores

Consumer Products and Experiences

+ 23% + 23%

Spent Php 7.7B out of the Php 8.8B budget for 2016

Capital Expenditures

6,338

8,779

5,258

7,715

12,060

514 1,448

2,863

2,159

1,881

4,108

2015 2016Program Rights Cable, Satellite & Broadband Digital initiatives, Maintenance & Others

5,258

7,715 + 47%

Balance Sheet Highlights

69,944

72,734

2015 2016

Total Assets

20,530 20,472

2015 2016

Total Borrowings

28,715

31,692

2015 2016

Equity

Ratios 2015 2016

Current 1.88 2.02

Debt-to-Equity 0.71 0.65

Net Debt-to-Equity 0.31 0.30

Except for historical and operating data and other information of historical matters, the statementscontained herein are “forward-looking statements”. The words “believe”, “intend”, “plan”, “anticipate”,“continue”, “estimate”, “expect”, “may”, “will” or other similar words are frequently used to indicate theseforward looking statements. Any such forward-looking statement is not a guarantee of future performanceand involves a number of known and unknown risks, uncertainties and other factors that could cause theactual performance, financial condition or results of operation of ABS-CBN to be materially different fromany future performance, financial condition or results of operation implied by such forward-lookingstatement.